Latest Key Developments (Source: Significant Developments)

Dec 14 (Reuters) - DDR Corp ::DDR CORP - BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED A PLAN TO SPIN OFF A PORTFOLIO OF 50 ASSETS.DDR CORP - RETAIL VALUE TRUST TO BE SPUN OFF WITH APPROXIMATELY $3 BILLION OF GROSS BOOK VALUE OF ASSETS.DDR - PLANNED SPIN OFF COMPRISES OF 38 CONTINENTAL U.S. ASSETS, PUERTO RICO PORTFOLIO INTO SEPARATE PUBLICLY-TRADED REIT TO BE NAMED RETAIL VALUE TRUST.DDR CORP - RETAIL VALUE TRUST TO BE CAPITALIZED WITH COMMITTED MORTGAGE FINANCING OF $1.35 BILLION EXPECTED TO FUND IN EARLY 2018.DDR CORP - PROCEEDS FROM MORTGAGE FINANCING ARE EXPECTED TO BE USED TO REPAY DEBT AT DDR.DDR CORP - NEW DDR'S DIVIDEND WILL BE ADJUSTED TO REFLECT SMALLER SIZE OF COMPANY.DDR - EXPECT 3 OF CO'S DIRECTORS TO LEAVE CO & JOIN RVT'S BOARD ON DEAL COMPLETION.DDR CORP - TRANSACTION DOES NOT REQUIRE SHAREHOLDER APPROVAL.DDR CORP - RVT'S BOARD EXPECTED TO HAVE MAJORITY OF INDEPENDENT MEMBERS.
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DDR Corp : Thomas August named CEO of DDR . Says Christa Vesy appointed interim CFO .Appointment of August follows termination of David Oakes as president & chief executive officer and as interim chief financial officer.
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NEW YORK Shuttered Toys 'R' Us stores can likely be filled by discounters and fitness centres, analysts said on Thursday, but shares in real estate investment trusts that lease to the chain fell as its troubles reflected broader worries plaguing the sector.

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